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Agree Realty

374 hedge funds and large institutions have $6.23B invested in Agree Realty in 2023 Q2 according to their latest regulatory filings, with 56 funds opening new positions, 134 increasing their positions, 133 reducing their positions, and 40 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

73% more call options, than puts

Call options by funds: $3.05M | Put options by funds: $1.76M

40% more first-time investments, than exits

New positions opened: 56 | Existing positions closed: 40

4% more funds holding

Funds holding: 360374 (+14)

1% more repeat investments, than reductions

Existing positions increased: 134 | Existing positions reduced: 133

6.19% less ownership

Funds ownership: 108.24%102.05% (-6.2%)

7% less capital invested

Capital invested by funds: $6.7B → $6.23B (-$478M)

Holders
374
Holders Change
+14
Holders Change %
+3.89%
% of All Funds
5.87%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.03%
New
56
Increased
134
Reduced
133
Closed
40
Calls
$3.05M
Puts
$1.76M
Net Calls
+$1.28M
Net Calls Change
+$315K
Name Holding Trade Value Shares
Change
Change in
Stake
GC
76
Guggenheim Capital
Illinois
$11.1M -$602K -9,096 -5%
ECM
77
ExodusPoint Capital Management
New York
$10.7M +$10.9M +164,384 New
Ohio Public Employees Retirement System (OPERS)
78
Ohio Public Employees Retirement System (OPERS)
Ohio
$10.7M +$3.02M +45,573 +38%
MNG
79
Manning & Napier Group
New York
$10.4M +$2.69M +40,686 +34%
Squarepoint
80
Squarepoint
New York
$10.4M +$10.5M +159,332 New
AllianceBernstein
81
AllianceBernstein
Tennessee
$10.2M -$4.21M -63,572 -29%
SEI Investments
82
SEI Investments
Pennsylvania
$10M -$2.12M -31,972 -17%
State of Wisconsin Investment Board
83
State of Wisconsin Investment Board
Wisconsin
$9.93M +$144K +2,178 +1%
Canada Life
84
Canada Life
Manitoba, Canada
$9.81M -$59.6K -901 -0.6%
TCM
85
Tributary Capital Management
Nebraska
$9.65M -$175K -2,646 -2%
Envestnet Asset Management
86
Envestnet Asset Management
Illinois
$9.52M -$89K -1,345 -0.9%
Franklin Resources
87
Franklin Resources
California
$9.29M +$2.38M +35,958 +34%
AIG
88
American International Group
New York
$9.19M -$2.48M -37,494 -21%
UBS Group
89
UBS Group
Switzerland
$8.64M +$6.7M +101,323 +329%
Tudor Investment Corp
90
Tudor Investment Corp
Connecticut
$7.9M -$1.66M -25,078 -17%
Retirement Systems of Alabama
91
Retirement Systems of Alabama
Alabama
$7.85M +$289K +4,372 +4%
Fisher Asset Management
92
Fisher Asset Management
Washington
$7.65M
E
93
Ergoteles
New York
$7.6M +$630K +9,513 +9%
CS
94
Credit Suisse
Switzerland
$7.42M -$2.77M -41,806 -27%
Jane Street
95
Jane Street
New York
$7.38M +$7.47M +112,867 New
EAM
96
Eagle Asset Management
Florida
$7.21M +$533K +8,054 +8%
New York State Teachers Retirement System (NYSTRS)
97
New York State Teachers Retirement System (NYSTRS)
New York
$7.19M
California State Teachers Retirement System (CalSTRS)
98
California State Teachers Retirement System (CalSTRS)
California
$7.15M -$72.7K -1,099 -1%
Allspring Global Investments
99
Allspring Global Investments
North Carolina
$6.99M -$2.32M -35,104 -25%
Nomura Asset Management
100
Nomura Asset Management
Japan
$6.97M +$506K +7,640 +8%

ADC Hedge Fund Activity: Q2 2023 in Review

374 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Agree Realty (ADC) for Q2 2023, worth a combined $6.23B — down 7.1% from $6.7B a quarter earlier.

Buyers outnumbered sellers: 56 funds opened new ADC positions and 40 closed out — a net gain of 16 holders — while 134 added to existing stakes and 133 trimmed.

The largest buyer was Millennium Management, adding an estimated $39.5M. The largest seller was BlackRock, cutting an estimated $144M.

  • 374 institutional investors held Agree Realty (ADC) as of Q2 2023, up from 360 in Q1 2023.
  • Funds reported $6.23B of Agree Realty stock for Q2 2023, down 7.1% quarter-over-quarter.
  • 56 funds opened new Agree Realty positions in Q2 2023 and 40 closed out, a net change of +16 holders.
  • The largest Agree Realty buyer in Q2 2023 was Millennium Management, an estimated $39.5M added.
  • The largest Agree Realty seller in Q2 2023 was BlackRock, an estimated $144M sold.

Based on aggregated 13F filings for Q2 2023.